Syuppin Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to ¥213.1 million, a gain of 59.3% from ¥133.8 million in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 3.9% from 3.2% in the year-earlier period.
Total revenue climbed 33.5% on an annual basis to ¥5.54 billion from ¥4.14 billion, and total operating expenses climbed 32.1% on an annual basis to ¥5.19 billion from ¥3.93 billion.
Reported net income came to ¥219.0 million, compared with ¥132.0 million, or ¥11.05 per share, in the year-earlier period.
As of Feb. 12, US$1 was equivalent to ¥118.90.
